A company uses job$-$order costing and allocates costs using direct labor hours as the cost driver.

At the beginning of the year, the company had estimated the following:

Estimated total overhead cost: $$790,000$

Estimated total direct labor hours: $810$ hours

At the end of the year, the company's actual results indicated the following:

Actual total overhead cost: $$777,200$

Actual direct labor hours: $65$ hours

What was the company's predetermined manufacturing overhead rate for the year? $($Round to the nearest dollar and cents.$)$